REPORT: 2010 Ford Mustang GT500 production limited to 2,000 units [*UPDATE: FALSE]

With new sheetmetal, more power and an upgraded chassis, the new Ford Mustang GT500 was destined to be a hot for the 2010 model year. The pony king may have just just gotten a whole lot more exclusive, too, as production has reportedly been limited to only 2,000 units. Team Shelby forum member 06VistaBlueGT posted a PDF with important ordering information for dealers that explains the production cut.

Production cut on Shelby GT500. To date, 1,700 GT500s have not been scheduled and the plant only had the capacity to build 2,000 for the 2010 MY (model year). If you signed the agreement, you are guaranteed 1 Shelby GT500 for the model year.

The move figures to severely limit the amount of GT500s a dealer can order, with many likely receiving either zero or one model for the year. The good news for the 2,000 lucky owners of the GT500 is that the lower production totals could make the 2010 model the most collectible (and valuable) model since the 2007 was introduced. If you haven't already signed up for a new GT500, though, dealers may now jack up the price even higher over MSRP to capitalize on the newfound shortfall of 540 horsepower pony cars. Hat tip to Murray!

*UPDATE: We reached out to Ford to ascertain the veracity of this Team Shelby document, and they have categorically denied the website users' claims. 2010 Mustang GT500 production has NOT been limited to 2,000 units, and the report is inaccurate. Ford does not report volume figures for the GT500.

[Source: Team Shelby]